What is a Lease Purchase?

Lease Purchase is similar to Hire Purchase. You choose how much deposit to put into the agreement, and Daytona Finance arrange to finance the remainder for you over a fixed period (usualy between 24 and 48 months.) At the end of the finance agreement, there is a lump sum payment that you must pay to own the car.

Lease purchase offers a degree of flexibility as monthly payments are generally lower than those on a hire purchase agreement, in addition you can choose the length of the finance agreement to suit your requirements and budget.

Key Benefits

Lower Repayments

Lower monthly repayments because advance payments (deposit) are generally paid at the beginning of the agreement and a balloon payment is deferred until the end.

Deferred Payment

The deferred balloon payment helps you to save money to pay off the car at the end of the agreement.

Flexibility

You can choose the length of the finance agreement to suit your budget.

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Contact us regarding Lease Purchase Finance

For a Lease Purchase Finance quotation, help, or advice please contact Daytona Finance.

Tel: 0330 223 5561 / WhatsApp: 07494 547911
Email: funding@daytonafinance.com

Other Services

Hire Purchase

Hire Purchase is a popular finance option for clients who would ultimately like to own their vehicle.
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Personal Contract Purchase

Similar to a Lease Purchase agreement but with additional flexibility since part of the cost is deferred until...
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Equity Release

The equity release process involves arranging finance to release a proportion of the equity tied up in your ve...
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Refinance

If your circumstances have changed and you need to change your payments, or your Lease purchase or PCP deal is...
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Daytona Asset Group Limited David A testimonial
What our clients say

Great service, Tom who I dealt with was extremely helpful, made the whole process simple and easy.

David A

I knew where we were at during all stages and I couldn’t have asked for more. Have been great beyond the sale and have recommended to all I know!